Adam Smith Quotes

Be inspired by these Adam Smith quotes. He was born in Scotland in 1723 and lived until 1790. He is known not only as a moral philosopher but also as a pioneer of political economics - some call him the father of economics. His inspirational quotes and sayings are ones that still are applicable today.

Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.
Adam Smith

What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience?
Adam Smith

Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.
Adam Smith

To feel much for others and little for ourselves; to restrain our selfishness and exercise our benevolent affections, constitute the perfection of human nature.
Adam Smith

The real and effectual discipline which is exercised over a workman is ... that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence.
Adam Smith

On the road from the City of Skepticism, I had to pass through the Valley of Ambiguity.
Adam Smith

Happiness never lays its finger on its pulse.
Adam Smith

The theory that can absorb the greatest number of facts, and persist in doing so, generation after generation, through all changes of opinion and detail, is the one that must rule all observation.
Adam Smith

The mind is so rarely disturbed, but that the company of friend will restore it to some degree of tranquility and sedateness.
Adam Smith

The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
Adam Smith

It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
Adam Smith

The real tragedy of the poor is the poverty of their aspirations.
Adam Smith


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